Kochi: Cochin International Airport Ltd has registered a 16 per cent growth in its net profit at ₹144.58 crore in FY-15.
The total revenue showed a 14.55 per cent increase at ₹413.96 crore compared to ₹361.39 crore, given by the constant efforts of business diversification across both aviation and non aviation verticals.
The board also recommended a dividend of 21 per cent. The company has been showing consistent growth since its inception and paying dividend unfailingly since 2003-04 and the total pay-out dividend has reached 132 per cent in the last fiscal.
CIAL has made two right issues at par, in 2000 and 2006 offering one share for every share held by the shareholder. In the last fiscal, it also announced the distribution of right issue at the rate of 4:1
12/06/15 Business Line
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The total revenue showed a 14.55 per cent increase at ₹413.96 crore compared to ₹361.39 crore, given by the constant efforts of business diversification across both aviation and non aviation verticals.
The board also recommended a dividend of 21 per cent. The company has been showing consistent growth since its inception and paying dividend unfailingly since 2003-04 and the total pay-out dividend has reached 132 per cent in the last fiscal.
CIAL has made two right issues at par, in 2000 and 2006 offering one share for every share held by the shareholder. In the last fiscal, it also announced the distribution of right issue at the rate of 4:1
12/06/15 Business Line
